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Started By
Message
Suppose I want to get in at a low point.
Posted on 8/4/24 at 9:57 pm
Posted on 8/4/24 at 9:57 pm
How do I put some money in play.
Posted on 8/4/24 at 10:15 pm to Purple Spoon
Be ready for this week. 

Posted on 8/4/24 at 10:26 pm to MikeyFL
I’m ready. Not sure who to call.
Posted on 8/4/24 at 10:27 pm to Purple Spoon
this week is a good week, unless this drop lasts for months or years
Posted on 8/4/24 at 10:38 pm to Purple Spoon
quote:
How do I put some money in play
How?
Idk probably deposit money with your broker and then hit buy on the assets you want to buy.
Posted on 8/4/24 at 10:51 pm to JohnnyKilroy
quote:
Idk probably deposit money with your broker and then hit buy on the assets you want to buy
Im new
Posted on 8/4/24 at 10:52 pm to Purple Spoon
Are you 12?
Open an account, fund said account with cash, buy the asset you desire.
Open an account, fund said account with cash, buy the asset you desire.
Posted on 8/4/24 at 10:59 pm to lynxcat
Calm down skippy. It’s been a long time since I was in a position to invest. Not everyone is a finance bro.
Posted on 8/4/24 at 11:14 pm to Purple Spoon
Open a Schwab account and put money in VOO. Continue doing this until you’re rich
This post was edited on 8/4/24 at 11:15 pm
Posted on 8/4/24 at 11:41 pm to Purple Spoon
Sure.....
Be sure to post a screenshot of that crystal ball so the billion or so people wanting to get in at the bottom will know when to pounce.
Be sure to post a screenshot of that crystal ball so the billion or so people wanting to get in at the bottom will know when to pounce.
Posted on 8/4/24 at 11:47 pm to Purple Spoon
quote:
I’m ready. Not sure who to call.
As a beginning, do you have a brokerage account? If not, I would open one with Fidelity or Schwab.
Apart from a brokerage account, I would consider putting some money in a Roth IRA if you haven't started one already.
The simple suggestion is to invest in "VT and chill." But we could make some more specific suggestions based on your age and goals.
Posted on 8/5/24 at 5:02 am to Purple Spoon
quote:
How do I put some money in play.
Let me know when you figure it out so we can all be billionaires.
Posted on 8/5/24 at 5:44 am to Purple Spoon
Timing the market guy is back!
Posted on 8/5/24 at 6:14 am to AkronTiger
Sad thing apple needs to drop 50 points for me to buy it.
Posted on 8/5/24 at 7:24 am to Purple Spoon
It takes all of 5 minutes to open a brokerage account online. As suggested, Fidelity or Schwab are good options.
You link it to your checking account, then add money to the brokerage account, it make take a day or two to show up in your brokerage account but then you're set to buy some stocks.
You link it to your checking account, then add money to the brokerage account, it make take a day or two to show up in your brokerage account but then you're set to buy some stocks.
Posted on 8/5/24 at 7:27 am to Purple Spoon
Do you have a lot of money? Can you afford to lose it? If not, you should invest regularly and broadly, not try to time the market or pick individual stocks that you don’t fundamentally understand.
Posted on 8/5/24 at 7:29 am to Purple Spoon
Fake business is so dependent on the stock market continually going up that if this isn’t a short reset lasting less than a week things will get much worse. You should know by Wednesday
I expect the circuit breakers to be pulled and interest cuts being more aggressive
Our entire economy is built on fake business. We don’t make anything and they don’t even bother to fix the roads because who needs roads when we just move fake money around on the internet and call it an economy
I expect the circuit breakers to be pulled and interest cuts being more aggressive
Our entire economy is built on fake business. We don’t make anything and they don’t even bother to fix the roads because who needs roads when we just move fake money around on the internet and call it an economy
Posted on 8/5/24 at 7:30 am to Purple Spoon
quote:
How do I put some money in play.
Be patient & measured.
This isn't just a dip, this is a Global Meltdown.
Japan Nikkei was down 12.4%.
Taiwan had worst day in 57 years.
This could still have a long way to go.
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